Latest Compliance News

DXN has told ASX that the intended cancellation of its A$8.8 million AI high-performance computing contract was price-sensitive information. The company expects to recover about A$4.2 million for work completed and committed costs, but has removed roughly A$8.6 million from its backlog and is still negotiating the termination agreement.

Block delivered a stronger third quarter, with gross profit up 22% and Cash App gross profit up 27%, but the result was overshadowed by a proposed $764 million net payment to resolve a US Department of Justice inquiry. The agreement remains subject to a final deal and court approval.

News Corp opened fiscal 2027 with revenue up 6% and net income up 43%, led by Dow Jones, digital real estate and book publishing. The quarter also exposed a sharper split in the portfolio: News Media weakened and free cash flow turned negative.

National Australia Bank’s FY2026 profit fell 9.1% to $6.143 billion as higher credit impairment charges and a $1.347 billion software amortisation charge outweighed stronger lending income. The dividend held at 170 cents per share, while capital buffers improved and management flagged a sharper focus on efficiency and risk control.

Ingenia Communities has told ASX it found no evidence that directors, executives or advisers disclosed confidential takeover information before market announcements. The company remains unable to explain how details of competing AVID and Warburg Pincus proposals appeared in media reports ahead of release.

Coast Entertainment has outlined a staged plan to build a four-star hotel and entertainment, dining and retail precinct beside Dreamworld, with preliminary modelling indicating a completion value of about $330 million. The proposal comes as the company returns to profit and reports stronger visitation, cash generation and asset valuations.

First Au and Javelin Minerals have replaced their September takeover deed with an amended and restated agreement, keeping the core scrip exchange ratio unchanged. The transaction remains conditional, with the offer period scheduled to close on 30 November 2026 unless extended or withdrawn.

4DMedical has denied holding undisclosed information that could explain a sharp sell-off in its shares, after ASX queried a fall from $3.28 to $2.41. The company said it believes increased short interest was responsible and confirmed compliance with continuous disclosure rules.

Terramin Australia faces an ASX compliance test after lodging a director interest notice seven days after the exchange says it was due. The company must explain the delay and its disclosure controls by 4 November or risk a trading halt or suspension.

Latrobe Magnesium has lifted commissioning progress at its Victorian Phase 1B plant to 50%, with installation now 98% complete. The company continues to target first magnesium metal crowns exceeding 98% purity by the end of 2026, while remaining within its A$6.1 million project budget.

Pioneer Credit has completed a $14.4 million purchase of a debt portfolio with a $206 million face value under a new three-year agreement with one of Australia’s major banks. The deal expands its institutional pipeline, but does not guarantee further acquisitions and will not generate cash collections before February 2027.

Invictus Energy has completed the formal gazettal of its petroleum production sharing agreement for Zimbabwe’s Cabora Bassa Project, strengthening the legal and commercial framework around the Mukuyu gas-condensate discovery. The milestone comes as the company prepares for its next exploration test at Musuma-1.